LALA World (“LALA”) is a wholesome ecosystem for the unbanked, starting with the migrants and their families back home. The ecosystem not only revolves around financial inclusion, but also bringing together communities at grassroots level, solving real life issues faced by this population and using the most advanced technology to bring everyone togetherThe base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to peer infrastructure, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products. The key to LALA’s success is in its experienced team and their global network and partnerships. We believe it is all about execution in the end. With relevant experience running such projects, monumental partnerships already in place, great technology team behind us and ground level support, we believe we are blessed to have all come together for LALA.
THE LALA WORLD ECOSYSTEM
LALA WALLET: LALA Wallet is your single point access to all financial services in the LALA World ecosystem. You have multiple top up and cash out options, hold fiat or multiple cryptocurrencies, with a host of financial services like money transfer, lending, bill payments, cards and other normal banking products at your fingertips. LALA Wallet also allows you to share your micro projects globally, allows you to raise issues which are suppressing the unbanked and build your own communities, thereby creating a true Ecosystem benefiting everyone.
LALA ID – One Global ID, on Blockchain and under your control:Premise of your LALA Wallet starts by creating a single digital identity that you can carry globally – LALA ID. The team at LALA had a vision – to provide a digital identity to every person on the planet, starting with migrants and their unbanked families. We are also certain that if we have to create a truly global ecosystem, then we need a base identification system that is far superior than existing ID systems. That should be global in nature, but yet secure, private and available on demand.
LALA TRANSFER:LALA’s management team and its partners are one of the most experienced crew who have run payment wallets, money exchanges, remittance and lending businesses for over 10 years in over 15 different counties. On top of solid experience and a great network, we have also built a great crypto offering – “LALA Transfer”, for efficient, cheaper and faster remittance services globally.
LALA TOKENS CREATION, RESERVES AND BREAKDOWN
LALA intends to raise 150,000 ETH from the pre-ICO and the ICO for further expansion, development and other growth activities. That is a total of 150 million LALA Tokens to be distributed to purchasers during the pre-ICO and the ICO. LALA will create a further 100 million LALA Tokens for a total of 250 million LALA Tokens (“Total Tokens Created”), subject to other features of LALA World.
An article written by john.eck BTT user.